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Liquidmetal Technologies (OTC: LQMT) filed to delay its Form 10-Q submission on Thursday night, offering the following commentary:

The preparation of the Registrant’s quarterly report on Form 10-Q has taken longer than anticipated and could not be completed by the required filing date of November 9, 2016 without unreasonable effort and expense, as additional time is needed to determine whether the Registrant will need to accrue a liability for a potential loss contingency relating to a recently asserted contractual claim and to determine whether such loss contingency is material.

The Registrant expects to file its Form 10-Q within the prescribed extended period of November 14, 2016.